Program description
Master of Science (MSc) – Financial Engineering
Are you ready to make the most of your passion for mathematics, programming and finance, and build yourself a fascinating career? Financial engineering will give you the means to analyze, evaluate and develop tools for dealing with today’s financial challenges.
Your Training
- Analyzing, developing and evaluating tools for solving financial problems
- Using risk management, portfolio management and market position management models
- Professors renowned in Canada and abroad, in both the academic and business communities
This Program is also offered in french language.
Admission requirements
Educated Anywhere in Canada
- You must hold an undergraduate degree (at least 90 credits) or a degree deemed equivalent by the program administration
- in one of the following fields: Business Administration (BBA), Actuarial Science, Finance, Engineering, Mathematics, Economics, Pure or Applied Sciences or in a related field
- with a GPA of at least 3.0 out of 4.3, or the GPA required by the original university for admission to a graduate program, if the latter is higher.
For more information about admission requirements, please visit the university website.
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Learn moreProgram content
Compulsory Courses of the Specialization
- Fixed Income Securities
- Derivative Products
Compulsory Methodology Course
- Stochastic Calculus I
Optional Specialization Courses
- Portfolio Management
- Capital Market Theory
- International Portfolio Management
- Simulation Monte Carlo
- Calcul numérique en ingénierie financière
- Time Series Econometrics
- Numerical Methods in Quantitative Finance
- Méthodes statistiques en ingénierie financière
- Machine Learning I: Large-Scale Data Analysis and Decision Making
- Méthodes d'apprentissage appliquées aux données financières
- Méthodes statistiques pour données financières
- Calcul stochastique II
- Dynamic Optimization in Management
Compulsory Course of the Program
- Comparative Perspectives on Business Organizations
Compulsory Activities
- Business Research Ethics
- Thesis
- Research Workshop
Specialization Preparation Courses
- Investment
- Risk Management
- Portfolio Management
- Financial Management
- Futures and Options
- Trading in Financial Markets
- Decision Models in Business Analytics
- Statistics
Strongly Recommended Activities
- How to cite properly your sources
Scholarships & funding
Several scholarship options are available, please visit the university website.
Tuition fees
Thesis
- Quebec students: $5800
- Canadian students, non-residents of Québec: $14200
- French and French Belgian students: $5800
- International students: $28800
Supervised project
- Quebec students: $6300
- Canadian students, non-residents of Québec: $14700
- French and French Belgian students: $6300
- International students: $29900
Qualification
Credits - 45 Credits
Career opportunities
Positions held by program graduates:
- Account manager
- Arbitrager
- Commodities adviser
- Development adviser
- Fixed income analyst
- Risk management analyst
Contact school
About this institute
HEC Montréal
Founded in 1907, HEC Montréal offers internationally renowned management education and research. It is the oldest business school in Canada and was also the first school in North America to hold the prestigious triple accreditation (AACSB, AMBA and EQUIS). It...
Contact info
HEC Montreal
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